The Knowledge Leaders International Index is an equal-weighted index that tracks highly innovative companies. The index is designed to capture the Knowledge Effect, the tendency of stocks of highly innovative companies to experience excess returns. The index is constructed of Knowledge Leaders through a proprietary process that measures a company’s investment in its future growth. The model adjusts a company’s financial history to capitalize these investments and reveal the companies with the greatest knowledge intensity. The companies that pass a quantitative Knowledge Leaders screen comprise the index. The index consists of foreign stocks in the form of American Depository Receipts (ADRs) for mid- and large-cap companies from the developed world, including North America, Europe and Asia, ex United States. The index is a total return index. It rebalances twice a year, in March and September.
| Name | ISIN | Number of shares |
|---|---|---|
| FRESENIUS SE & CO KGAA | US35804M1053 | 0.111527 |
| TREND MICRO INC/JAPAN | US89486M2061 | 0.025377 |
| CAE INC | CA1247651088 | 0.048663 |
| TREASURY WINE-AD | US89465J1097 | 0.116755 |
| AUMOVIO SE - SPONS ADS | US05151Y1010 | 0.026799 |
| DESCARTES SYS | CA2499061083 | 0.030927 |
| SIEMENS AG-SPONS ADR | US8261975010 | 0.02879 |
| HUSQVARN-ADR | US4481031015 | 0.090072 |
| UNICHARM CORP | US90460M2044 | 0.229084 |
| SONIC HEALTHCARE LTD | US83546A2033 | 0.075933 |
| APTIV PLC | JE00BTDN8H13 | 0.01397 |
| LULULEMON ATHLETICA INC | US5500211090 | 0.006344 |
| FERRARI NV | NL0011585146 | 0.008427 |
| CSL LTD-SPON ADR | US12637N2045 | 0.016362 |
| KOMATSU LTD-ADR | US5004584018 | 0.051212 |
| SMITH & NEPHEW PLC -SPON ADR | US83175M2052 | 0.029545 |
| SAP AG-SPONSORED ADR | US8030542042 | 0.011201 |
| CARLSBERG-B-ADR | US1427952023 | 0.047067 |
| MAKITA CORP-ADR | US5608773009 | 0.040435 |
| ERICSSON TEL-SP ADR | US2948216088 | 0.16958 |
| ATLASSIAN CORPORATION PLC | US0494681010 | 0.00955 |
| SANDVIK AB-ADR | US8002122013 | 0.096427 |
| ASTRAZENECA PLC-SPONS ADR | US0463531089 | 0.031035 |
| STORA ENSO CORP | US86210M1062 | 0.116658 |
| NTT INC - ADR | US6546241059 | 0.049193 |
| SHISEIDO | US8248414075 | 0.015022 |
| HEINEKEN N V | US4230123014 | 0.024695 |
| NESTLE SA-SPONS ADR | US6410694060 | 0.012776 |
| WIENERBERGER AG | US9676621074 | 0.285 |
| CHECK POINT SOFTWARE TECH L ORD | IL0010824113 | 0.011362 |
| SMC CORP-ADR | US78445W3060 | 0.059278 |
| ICON PLC | IE0005711209 | 0.008059 |
| NOVO-NORDISK A/S-SPONS ADR | US6701002056 | 0.050289 |
| WOLTERS KLUW-ADR | US9778742059 | 0.018832 |
| PARK24 CO-ADR | US7014911025 | 0.053797 |
| KIRIN HOLD-ADR | US4973503067 | 0.057163 |
| CONTINENTAL AG-ADR | US2107712000 | 0.107196 |
| BAYER AG-SPONSORED ADR | US0727303028 | 0.075544 |
| RECKITT BENC-ADR | US7562552049 | 0.091129 |
| SOLVAY SA - UNSP ADR | US8344374025 | 0.140796 |
| TENARIS SA-ADR | US88031M1099 | 0.070409 |
| ACCENTURE PLC-CL A | IE00B4BNMY34 | 0.006905 |
| NXP SEMICONDUCTOR NV | NL0009538784 | 0.012353 |
| YAMAHA CORP | US9846271099 | 0.082484 |
| MERCK KGAA-SPONSORED ADR | US5893392093 | 0.057975 |
| BASF SE | US0552625057 | 0.094062 |
| ATLAS COP-ADR A | US0492557063 | 0.173342 |
| RB GLOBAL INC | CA74935Q1072 | 0.03461 |
| KYOCERA CORP-ADR | US5015562037 | 0.078456 |
| HOYA CORP-ADR | US4432511032 | 0.014599 |
| METHANEX CORPORATION | CA59151K1084 | 0.037473 |
| CRH PLC | IE0001827041 | 0.042334 |
| FRESENIUS MEDICAL CARE-ADR | US3580291066 | 0.039993 |
| ICL GROUP LTD | IL0002810146 | 0.307631 |
| SPOTIFY TECHNOLOGY SA | LU1778762911 | 0.010355 |
| WACOAL HOLDINGS CORP | US9300043042 | 0.009495 |
| TE CONNECTIVITY LTD | IE000IVNQZ81 | 0.014186 |
| KUBOTA CORP | US5011732071 | 0.015794 |
| MEDTRONIC PLC | IE00BTN1Y115 | 0.012999 |
| TDK CORP-ADR | US8723514084 | 0.206392 |
| SUNCOR ENERGY INC | CA8672241079 | 0.047195 |
| SKF AB-ADR | US7843754042 | 0.087422 |
| ROCHE HOLDINGS LTD-SPONS ADR | US7711951043 | 0.038983 |
| FIRSTSERVICE CORP | CA33767E2024 | 0.012249 |
| IPSEN SA | US4626292050 | 0.052207 |
| WHITBREAD PLC | US96342K1007 | 0.120647 |
| OMRON CORP-ADR | US6821513032 | 0.022564 |
| INFINEON TECHNOLOGIES AG | US45662N1037 | 0.069083 |
| ADVANTEST CORP SPON ADR | US00762U2006 | 0.108693 |
| WEIR GROUP PLC - SPON ADR | US94876Q2057 | 0.148604 |
| DASSAULT SYSTEMES SA-ADR | US2375451083 | 0.045969 |
| GLANBIA PLC | US3767881051 | 0.022215 |
| TOMRA SYSTEMS ASA | US8899052042 | 0.096011 |
| SEGA SAMMY-ADR | US8157941027 | 0.34587 |
| VODAFONE GROUP PLC-SP ADR | US92857W3088 | 0.094982 |
| COVESTRO AG (TENDERED) | US22304D2071 | 0.055572 |
| MOWI ASA | US6246781081 | 0.060954 |
| AKZO NOBEL NV | US0101995035 | 0.047739 |
| KONINKLIJKE AHOLD DELHAIZE NV | US5004675014 | 0.058947 |
| SPARK NEW -ADR | US84652A1025 | 0.122755 |
| HEINEKEN HOLDING N.V. | US4230081014 | 0.027085 |
| ADIDAS AG | US00687A1079 | 0.008552 |
| QIAGEN NV | NL0015002CX3 | 0.03755 |
| NOVARTIS AG-SPONSORED ADR | US66987V1098 | 0.016621 |
| THE MAGNUM ICE CREAM COMPANY NV | NL0015002MS2 | 0.00504 |
| DAIICHI SAN-ADR | US23381D1028 | 0.056579 |
| GILDAN ACTIVEWEAR INC | CA3759161035 | 0.037947 |
| COMPUTERSHARE LTD | US20557R1059 | 0.131081 |
| ALCON INC | CH0432492467 | 0.02082 |
| TELENOR ASA-ADR | US87944W1053 | 0.083484 |
| ALLEGION PLC | IE00BFRT3W74 | 0.012819 |
| ELBIT SYSTEMS LTD | IL0010811243 | 0.007794 |
| DANONE SPONSORED ADR (FRANCE | US23636T1007 | 0.083051 |
| GARMIN LTD | CH0114405324 | 0.015924 |
| KINGFISHER PLC | US4957244035 | 0.301159 |
| MARKS & SPENCER GROUP PLC | US5709121058 | 0.284452 |
| SINGAP TELEC-ADR | US82929R3049 | 0.070376 |
| NIDEC CORP-ADR | US6540901096 | 0.142031 |
| COCA-COLA EUROPACIFIC PARTNERS PLC | GB00BDCPN049 | 0.026751 |
| TOWER SEMICONDUCTOR LTD | IL0010823792 | 0.063275 |
| NICE LTD | US6536561086 | 0.008442 |
| BURBERRY GRO-ADR | US12082W2044 | 0.052704 |
| OPEN TEXT CORP | CA6837151068 | 0.033673 |
| RICOH CO-ADR | US7656583074 | 0.129562 |
| UNILEVER PLC-SPONSORED ADR | US9047678035 | 0.022398 |
| SMITHS GROUP-ADR | US83238P2039 | 0.07307 |
| TATE & LYLE PLC | US8765707067 | 0.04241 |